Category: News (39)

THERE is a paradigm shift taking place if you did not notice. This has influenced lifestyles, which in turn have led to changes in the run of the mill. The normal and conventional way things were once done are pretty much bowing out, welcoming a newness that has also found its way into the real estate scene across the globe.

The root cause behind these changes according to a report on "Global Cities by Frank Knight", are said to basically stem from:

>> the era of low to negative interest rates which has reduced investors' expectations on what constitutes an acceptable return;

>> the avalanche of technological innovation which has seen over 60% of Earth's citizens owning a smartphone; andour current "innovation economy" where supply is not keeping pace with demand in both commercial and residential real estate, causing tech and creative firms to rely on pre-let deals to accommodate growth while their young employees struggle to find affordable homes.

In a nutshell, the report informs of the rising of technology firms and creative workers around the globe that are attracting talents and high-value professionals at the top of the recruitment wanted list, hence inciting the rapid growth of "global cities".

Rise of global cities

States the report: "The urban economy is increasingly people-centric. Whether a city is driven by finance, aerospace, commodities, defence or manufacturing, the most important asset is a large pool of educated and creative workers." In this new era, these creative talents of the new age workforce are considered highly-prized commodity. And global cities are expected to thrive or sink on their ability to attract this key demographic. This in turn, has caused real estate to increasingly become a business that seeks to build an environment that attracts and retains such people, something that is already taking place around the globe.

To slowly take us into this newness of things, let us first look at some terminology which has become quite the rage where property is concerned. We have been hearing a lot of terms and catchy phrases such as "live-work-play environments", "mixed-use developments and integrated spaces", as well as "buildings with beds" among other modern day buzzwords. Scrutinise these phrases of the times and notice how they all point toward lifestyles.
With that, let us first explore the catchy phrases and fascinating terminology associated with the sprouting of such cities across the globe.

'Live-Work-Play' environments

Some consider a ubiquitous phrase deemed founded simply by the root of the very demand for a "live-work-play" (LWP) lifestyle. Apparently, it was not coined up by developers
or those in urban planning, and has increasingly become a standard by which "mixed-use" developments are measured. The concept has been known to have some link with "Maslow's hierarchy of needs" - much of which today's generation feel that a more apt name would be "live-work-play-eat-shop" (LWPES).

'Mixed-Use' developments

There are a variety of descriptions to mixed-use developments. However, a more generic depiction would be "a pedestrian-friendly urban development that consists of a mix of residential, commercial, cultural, institutional/industrial spaces that blend, and physically and functionally integrate. The concept also known as "integrated developments" can be accomplished via a building, a housing area/district/community, or even a township/city.

'Buildings with Beds'

Considering the demographic shift that is leaning towards the:

 younger workforce comprising millennials who lead quick-paced lifestyles and are almost always on-the-go, interacting with a global pool of networks;

 not forgetting the international influx of foreign/global higher education students;

 plus senior living and healthcare as there is a large ageing population that is growing – according to UN projections, a 12% increase in the number of people above age 75 between 2015 and 2020; and

 an increase in the number of global jet-setters including those who travel for work and leisure – IATA forecasts suggesting global passenger numbers rising around 5% per year for the next five years.

With modernisation and a society that is "pressed for time" and more "connected" on-line than in reality – mobile work spaces and inner-city living are moving also towards "buildings with beds" – homes that offer a roof over one's head that basically provide a place to sleep. Demographics are said to favour investment in housing for people at the beginning and end of their adult life. "Residential investment is moving into the mainstream through growth in the private, rented sector as demographics and globalisation support demand for hotels, student housing, senior living and healthcare," reported an article by Knight Frank head of data analytics Mark Clacy-Jones.

Exemplar cities

Along with changes in technology that has affected the way companies are born and how they function, thus the evolution of society, hence, flux in lifestyles, the way the masses engage, network and integrate. With this mega shift, property investors – landlords and leasers across the real estate spectrum must be "in the know" about where "creation" is taking place and limit their exposure to where there is "destruction". [creation – areas and regions generating hype activity that are drawing the pool of today's talents and businesses; destruction – areas and regions that are inflexible, refuse to advance with the evolved times, including cities that prefer to remain with the "old" unaccommodating ways of doing things]

Citing an excerpt from an article by James Roberts called Super Cities – "The industries that drive the modern Global City are not dependent on machinery or commodities, but people, delivering economic flexibility ... The most flexible cities command the highest real estate rents and lowest yields, and that will continue as they cope best with rapid change.

With the current trend established founded on – speed and agility, fluid and motile – the common challenge for landlords according to Roberts is how to assess firms (tenants) that do not even have a three-year record of existence but are clearly "the future". The answer he says, is that both landlord and tenant need to approach real estate deals with flexibility – "The landlord giving ground on lease terms and financial track records, and the tenant, compensating the landlord for the increased risk via a higher rent".

Emerging market cities

With the rapid changes that have been taking place and the constant global evolution among the masses, Roberts reminds that countries once booming just a few years ago due to rising commodity prices are now adapting to slower growth. Those that were dismissed as "busted flushes in 2009 due to high exposure to financial services", and adapted to changes in technology adopting fresh innovation in the their businesses, are now thriving as innovation centres.

Such "emerging market cities" are those that have repositioned themselves away from manufacturing and moved toward creative services, many of which present "a new challenge to the western global cities". A perfect example would have to be Shanghai, claims Roberts, "now seeing rapid expansion of its tech and creative services".

While emerging markets develop into global cities, they adapt to win over the right talents and high-skilled workers for the workforce by spreading "benefits". These include improving job security and the quality of life to attract and retain the right demographic of younger generation talents, who have already become central to the economy of a country.

The global market cycle

According to Knight Frank head of commercial research Dr Lee Elliott, there are mixed signals market observers have picked up eight years post the financial crisis.

These include:

 the complex intersection of the economic cycle locked in a rhythm of low growth;

 the business cycle which is highly variable evident in corporate cautiousness and selective investment by businesses which has fuelled demand in global real estate markets;

 a property cycle relating to real estate supply and demand; and

 a property cycle relating to capital flows and their impact on pricing.

"On the whole, there is confusion and uncertainty in the market with so much change taking place. However, there seems to be a drive in rental growth as the cycle moves forward. This appeals to global real estate investors who are already attracted to the relative out-performance of real estate assets in a low interest rate and low yielding economic environment," Elliott states in his article. His overall view: "There is road to run in 2017".

On the whole, lifestyles are changing, quick is getting quicker, markets are exciting in areas that attract the key demographic of creatively skilled talent deemed "highly-prized commodity". Where there is this pool of people, there is population growth which leads to the mushrooming of global cities. Infrastructure also has a role to play where global cities are concerned as "they act as the lines that join up the real estate dots" reads an article in the Knight Frank report. And with the lifestyle of the modern millennial, living in an all-comprehensive "cubicle within a tower – live-work-play/mixed-use development/buildings with beds" isn't such a fantasy anymore as all one's wants and needs are basically a "screen-touch and hop, skip and jump" away.

Follow our column next week with more insights on global cities and lifestyle trends altering the real estate industry.

为了满足雪兰莪居民对房屋的需求,雪州政府已规定发展商必须在本身的的服务式公寓、Small-office Home-office (SoHo)、Small-office Versatile-office (SoVo) 和Small-office Flexible-office (SoFo)项目中,拨出30%的单位列为可负担房屋。




Kim Realty Sdn Bhd 的行政总裁Vincent Ng 告诉,由于这些单位的单位面积太小,因此这类型房产不适合拥有孩子的家庭。

房地产投资公司AREA Management Sdn Bhd 的执行主席Datuk George Stewart LaBrooy说:“尽管发展商将服务式公寓、SoHo和SoVo当成普通住宅产业般销售,但这些其实是是商业地产。”




1. 银行贷款


例如,银行通常为住宅房屋贷款提供高达90%的贷款。然而,商业贷款的往往只能获得80%到85%之间,因为银行在为商业地产融资时,会比较谨慎。 Continue reading ..


交易推手:来自Hartamas Real Estate OUG Sdn Bhd的Desmond Chia Roy Lim (REN 19255) (012-987 9117)



– 永久地契


促成这宗交易的Desmond Chia指出,店屋内共有20至30间小房,因此买下这个单位的投资公司很可能在这里设立连锁平价旅馆。





在Brickfields地区工作多年的 Chia点出,自从政府在当地展开了提升基础建设和美化环境的工程,把该地区塑造为旅游景点后,这区老旧店屋的价值水涨船高,在低迷的产业市场中脱颖而出。




Maxland Real Estate Agency 资深土地交易经纪Frankie Tham告诉,投资农业土地与其他房产没有太大差别,都是追求资本增值或租金收益。




Henry Butcher Malaysia Sdn Bhd 总营运长Tang Chee Meng表示,相较投资在股票市场或是期货,农业地投资风险相对较低,因为地价因稀缺而日愈走扬。

Landserve Sdn Bhd 董事经理Chen King Hoaw表示,农业地投资确实可为买家提供稳定的长期资本增值,因为土地为耐用品,且拥有权几乎是永久(除了租借地契土地)。








1. Hulu Langat


看头:来自Kajang的溢出效应、新城镇发展崛起(如Setia EcoHill 2、Kajang East以及Saujana Impian)、Semantan-Kajang MRT建筑将在今年开跑。

2. Kuala Selangor



3. Kuala Langat


看头:新城镇发展项目如火如荼进行中(包括Eco Sanctuary、Bandar Rimbayu以及Tropicana Aman)、KESAS与ELITE以及SKVE高速公路改善交通,以及靠近North Port与West Port工业货运中心。

4. Rawang – Kundang


看头:靠近Kuang与Rawang 火车站、轻易取道Latar与PLUS高速公路,以及城镇发展趋向成熟。

5. Puncak Alam – Ijok


看头:交通四通八达,轻易取道Guthrie Corridor高速公路、KL-Kuala Selangor 高速公路,以及NKVE高速公路,以及即将在2019年建竣的Dash高速公路与西海岸大道。






仲量联行全球资本市场研究总监David Green-Morgan 说:“Anbang Insurance去年斥资超过60亿美元(2660亿美元)购买Strategic Hotels and Resorts,推动酒店业并购活动。”

他说:“而China Life Insurance也将Starwood Capital Group和曼哈顿的一间办公大楼买下,此外,Chinese Investment Corp持续活跃于纽约的办公楼市场。”





根据仲量联行上海和中国的Johnny Shao资本市场主管,中国一线城市对国内投资者来说是最具吸引力。






  • MIP Properties Sdn Bhd创办人与总裁Alan Kuan
  • KGV International Property Consultants执行董事Anthony Chua
  • CBD Properties (KD) Sdn Bhd执行董事Daphne Chan
  • Nawawi Tie Leung Real Estate Consultants Sdn Bhd董事经理Eddy Wong
  • Hartamas Real Estate Sdn Bhd集团董事经理Eric Lim
  • 大马房地产经纪协会(MIEA)主席与Mapleland Properties Sdn Bhd 总裁Erick Kho
  • CBRE|WTW董事经理Foo Gee Jen
  • VPC Alliance Property Consultants董事经理James Wong
  • PA International Property Consultants (KL) Sdn Bhd董事经理Jerome Hong
  • Oregeon Property Consultancy Sdn Bhd董事Joean Lee
  • Reapfield Group营运总监Jonathan Lee
  • MacReal International Sdn Bhd创办人Michael Kong
  • Knight Frank Malaysia董事经理Sarkunan Subramaniam
  • Metro Homes董事See Kok Loong
  • PPC International董事经理Datuk Siders Sittampalam
  • LaurelCap Sdn Bhd执行董事Stanley Toh
  • The One Property International执行董事Stephen Yew
  • Henry Butcher Real Estate Sdn Bhd营运总监Tang Chee Meng
  • One Sunterra Properties Sdn Bhd仲介主管Terence Yap
  • JLL Property Services (Malaysia) Sdn Bhd董事经理YY Lau

1. 焦点重移隆市和Mont’Kiara

建议地点:KLCC、Ampang KL、Mont’Kiara、KL Metropolis、Bandar Malaysia和TRX

有关隆新高铁(HSR)开跑、TRX、Bandar Malaysia及KL Metropolis发展的报道,将市场焦点再度转移至吉隆坡市中心。

2. 已经成熟城镇应关注

建议地点:Cheras、Kepong、Sentul、Jalan Kuching、Jalan Ipoh、Selayang 和Old Klang Road



3. 继续南移

建议地点:Kajang、Semenyih、Sepang、Kota Warisan、Cyberjaya、Putrajaya和Bangi

随着越来越多高速公路的提升与建设,巴生谷或大吉隆坡的南部地区已不再是离吉隆坡市中心或Petaling Jaya很遥远的偏僻地区。


4. 紧跟MRT或LRT路线

建议地点:Ara Damansara、Tropicana、Kota Damansara、Mutiara Damansara、Bandar Utama和Kwasa Damansara



建议地点:Klang、Shah Alam、Teluk Panglima Garang、Bukit Jalil、Ijok、Rawang和Kundang


HAVING over the past two weeks written on the global and regional real estate outlook, this week we feature CBRE / WTW’s overview of 2016 and what can be expected in 2017.

2016 overview

Fundamentally, you could say that the property industry runs alongside the economy of the country. As reported in CBRE / WTW’s report, domestic consumption rose, driven by spending in areas that include F&B, transportation and communication. Government consumption also grew (according to year-on-year basis) – with expenditure owing to infrastructure.

Net exports saw mixed results – slower demand from China and reduced exports from the US but the weakening ringgit enticing and increasing Malaysian exports even further. The weak ringgit also opened opportunities for foreign investment.

Other than the global rout in oil prices that has led to a significant number of layoffs in the oil and gas sector, the weakening business sentiment and slowdown in the overall trading is also expected to be more apparent, but in the short term.
Looking positive was the growth rate of retail sales which remained buoyant despite softer consumer spending and the rising costs of living. According to the report, strong support was seen from tourists in retail spending from shopping. The weakening ringgit is expected to encourage tourists’ spending.

2017 outlook

In the Year of the Rooster, the country’s economic growth is expected to be slower due to the challenging global economic and financial landscape. Domestic demand is said to be the key driver of growth, sustained primarily by economic activity from the private sector. Due to the well diversified nature of our country’s exports, positive growth is projected into the year. However, inflation is expected to remain flat although pressured by increase of several price-administered items and the weak ringgit exchange rate.

The impact of these cost factors on inflation is expected to be mitigated by continued low global energy prices, generally subdued global inflation and more moderate domestic demand. Supportive fiscal and monetary policies are also expected to help steady the ship for economic growth. GST will strengthen the government’s revenue source to accommodate its fiscal measures.

With the overall weakening ringgit, low crude oil prices coupled with worldwide geo-political issues will continue to plague the economy in 2017. No doubt, the year will be a challenging one, but Malaysia’s economy is anticipated to remain stable with GDP growth estimated at 4.2%.

Real estate market outlook in Malaysia

As uncertainties and concerns over the large market supply remains unabated, loan growth is expected to slow further as the weak credit cycle continues.

Apart from the stringent loan requirements from financial institutions that are said to have caused the drop in the number of property transactions, the increasing cost of living and economic uncertainties have led to an upswing in worries about job security, resulting in more cautious consumer spending. These and more will have led the market to consist of more genuine purchasers with speculative sentiments not as strong as during the boom period.

As such, supply has remained resilient with greater activity in larger cities. The proposal to boost public servants’ housing loan eligibility proposed by the government, may stimulate some residential sales, apart from other plans to increase the number of units of low and medium cost, affordable housing. No doubt residential development will continue to be active beyond the KL fringe, especially supported by the rapid infrastructure development.


Looking at the real estate outlook in the Klang Valley for 2017 (refer boons and banes), key drivers to a positive year are expected to come from infrastructure – HSR, MRT and LRT additional lines and stations, new highways and expressways. While Johor and Seremban are expected to gain from the “spillover” effected from new infrastructure, residential hotspots to take note of include – Selangor Vision City, Nilai/Pajam, Semenyih/Kajang, Putrajaya/Cyberjaya, Rawang/Ijok/Kuang, Sungai Buloh and Kuala Selangor.

Key drivers that will push these areas are scarcity of land in the city centre, high land costs in the city as well as the improved connectivity in view of new infrastructure.

In his message at the launch of the 2016/2017 report, CBRE / WTW managing director Foo Gee Jen shared that on-ground consensus among practitioners throughout all its branches across Malaysia is that market conditions have become much more challenging in 2016 and that 2017 will not get any better.

Transaction activity is down in many urban centres, especially in the residential sector, which Foo said is a common barometer to gauge the overall property market. However, although figures in CBRE /WTW’s outlook report are discouraging, there is still a glimmer of hope for the year to correct itself once the mass rapid transportation system in Kuala Lumpur and other similar transport systems are up and running.


Foo’s view on the whole: “Another flattish period pulled down by mostly low commodity prices, continued slow economic growth in most major countries, especially with political uncertainties like Brexit, Trump’s presidency and other referendums in Europe.”

His advice: “Reduce portfolios of non-strategic assets to reduce loan gearing and be aware of liquidity needs if and when credit tightens. Investors and developers should focus on taking calculated risks where markets are strong, pursue developments in strong, supply-constrained markets and bid on strategic long-hold assets that are most likely able to withstand a downturn.”

Information and charts/graphs were retrieved from the CBRE / WTW 2017 Malaysia Real Estate Market Outlook. Follow our column next week on interior design, followed by office space in KL and market direction across various regions in Malaysia.

»Property investment will remain one of the safest forms of investment.
»The demand for affordable housing is likely to become acute.
»Genuine demand will lead the market.
»The market is expected to cool down with prices becoming more negotiable.
»Areas with good transportation connectivity (near MRT I & II, HSR, highways) will continue to be hotspots.
»Demographic forces will continue to drive underlying demand for residential properties.

»On-going concerns on the overall weak ringgit, low crude oil prices and worldwide geo-political issues will continue to plague the economy.
»Challenging year for developers.
»More savvy home buyers.
WHILE last week we published views on the global outlook, this week we explore the market in various regions as well as the local scene.

It's a new year and looking at how the property market and our local currency fared in 2016, many are sceptical. With that, we have compiled views and comments from various industry specialists and market professionals for a better idea of what can be expected in the Year of the Rooster.

Regional overview

According to JLL's forecast for 2017 delivered by its global capital markets research director, David Green-Morgan, the amount of capital targeting real estate across the world will remain constant, with volumes expected to exceed slightly. However, political and market uncertainty will likely perpetuate into the year.

Green-Morgan shares that performance in two of the region's biggest markets, Australia and Japan, was down by 17% and 1% respectively, with China recording a 19% increase.

Over in the UK, it was a rollercoaster with Brexit, which saw a decline in currency terms and overall volume, yet the English managed to battle it out and end the year with just a 11% drop. Outperformers for the year were Germany (up by 11%) and Central and Eastern Europe (up by 70%) – notably Poland and the Czech Republic.

In the Americas, the market ended 9% lower than the previous year with Canada slightly outperforming the rest of the region by ending the year just 3% below its figures for 2015.

Local landscape

According to property experts at a forum conducted by PropertyGuru, as rising living costs and smaller income growth are still concerns that are being carried into the new year, these will likely cause affordability issues and high loan application rejection rates to persist, which will, if not already, lead to falling property prices. Moreover, with oversupply in some segments of high-rise residences – this will likely cause a drop in the selling price of property, especially for those who do not have holding power and may need to liquidate their properties.

With many in the oil and gas and banking industries who have been given the pink slip (especially foreigners/expats), renters will be spoiled for choice, even more, as the number of vacant leased homes/properties increase, causing landlords to drop rates. Then again, depending on which "side of the fence you're on", there will be losers and gainers unless one has had the foresight and considered a long-term investment plan beforehand.

Hotspots and mantle plumes

The effect from rejected bank loans and those needing to cash out on their properties will most likely see a rise in the number of rentals, especially those situated in strategic locations, facilitated with good public transportation or located in easily connected/accessible areas.

Areas to take note of are the Transit Oriented Developments (TODs) – property development projects that are connected or located in close proximity to MRT, LRT or monorail stations. And with Prasarana's seven additional TOD projects (in Selangor alone) expected to be completed within the next four years, plus construction of the High Speed Rail scheduled in 2018, not forgetting the MRT line that will soon connect the north and south sectors of Greater Kuala Lumpur – the property scene here is expected to be bustling.

Bane for some, boon for others Ultimately, the general consensus on the property outlook for 2017 is interesting. Apart from all the excitement that will come about from the above mentioned, as prices slump, more so with the Selangor Housing and Property Board (LPHS) implementing a price cap on Sohos, Sofos and Sovos, plus serviced apartments –the local market will become even more attractive to foreigners (considering the fate of our currency).

Our neighbours in Singapore are expected to have a field day buying their second/third homes, weekend getaway haunts or properties for investment. As it is, word has it that the Chinese and Indonesians, apart from other foreign nationals have already secured their property purchases and looking to invest in more. Bottomline – tenants and landlords will have "their days" and cash-rich investors are expected to be the biggest beneficiaries, bargain hunting and negotiating for the best rock-bottom deals in the most advantageous locations.

Follow our column next week on a more in-depth outlook of our local property market.

Comments and views from the public

>> With the amendment to the Stamp and Strata Title Act, there will be fundamental changes to the way property dealings are done.

>> It is a good time for developers with strong and stable standing, as well as foreigners looking to purchase/invest in Malaysian properties.

>> Optimistic view on 2017 especially with a few known deals signed between China and Malaysia, which will influence and set off a chain of events.

>> A lot of good deals are expected with the fine-tuning of primary markets and competitive sub-sales.

>> Make use of the many government and public/private house-owning schemes made available like PR1MA for example.

>> A good time to hone your negotiation skills to get the best property deals.

>> For the local buyer with cash, it's your market; for the local seller, best lease/rent to the foreigner.

>> The market is expected to be soft and challenging, looking at the slow economic growth and high cost of living.

>> Expect a subdued market on the whole but anticipate more sales activity from mid-year on, especially in commercial and investment properties.

>> Looking at the global economic uncertainty and the weak ringgit, it's going to be a challenging year for property developers. A renters market with the increase in vacated leases/rentals and a buyers' market for those who are able to negotiate good deals.
M RESIDENCE stands for a unique blend of affordability and attractive modernity amidst a luxury lifestyle concept. The freehold development is built on a 226 acres of land located in Rawang, and is easily accessible via the New Klang Valley Expressway (NKVE) and LATAR Highway.

From the moment visitors arrive at the entrance driveway, they will be wowed by the majestic landscape to the residential precincts. The main entrance driveway is flanked by a village square to the left and a modern commercial centre to the right. Adjacent to the entrance into the residential zones is an ultra-modern clubhouse.

The clubhouse is designed to look like a transparent glass box that is fused to the outdoor landscaping. Facilities include a swimming pool, landscape pond, children’s playground, BBQ area, multipurpose hall, meeting room, gym and more.

The development is a guarded community that features resort-style country home living accentuated by scenic landscape parks befitting its location within the lush Rantau Panjang forest reserve.

Various parks with different amenities including a pavilion, multi-purpose court, swimming pools, tree houses and more are located at various parts of the development.

To complement an active lifestyle, avid runners can use the parks as running paths and cyclists can enjoy a ride at designated bicycle lanes.

M Residence comprises 1,012 units of 2-storey super link homes, Corus 68 (2-storey semi-D homes), Canal Link (2½-storey link home) and M Galleria (2- and 3-storey shop offices) with more upcoming developments.

This latest phase of M Residence is Canal Link, which is slated for completion this year. Canal Link has a total of 56 exclusive units of 2 ½-storey link homes (22ft x 80ft) with spacious and functional built up space of 3,168sq ft. Residents of Canal Link will get to enjoy a serene surrounding of lush greeneries.

Canal Link is suitable for families and home upgraders. With the layout of 5+1 rooms and 6 bathrooms, the residential unit can cater for multi-generation living. The price of Canal Link starts from RM949,800 onwards.

M Residence was recently voted by the public and a panel of judges with property background as the Central Best Development of the Year – Residential Landed (Platinum award) at the Noble Excellence Awards 2016.

For more information and enquiries, kindly contact 03-9212 0188 or drop an email to m.residence@
ONE of Johor's finest freehold developments, Aster @ Seri Austin North, sits within the vicinity of Iskandar development region, a gateway to the bustling Seri Austin Township with an abundance of amenities.

With a landscape filled with lush greenery, lovely hills and Effective Microorganism (EM) lake designed in alignment with Feng Shui elements, Seri Austin promotes a tranquil and calm living while being conveniently connected to plenty of lifestyle amenities.

The multiple award-winning township recognised as the 1st Smart Healthy City and Communities Township in Iskandar Malaysia was recently awarded the National Best

Development of the Year at the Noble Excellence Awards 2016. Developed by Dynasty View Sdn Bhd, a wholly owned subsidiary of UMLand, the township emphasises healthy outdoor lifestyle facilities focused at its community with beautiful lakes and parks, recreational areas, jogging tracks and bicycle lanes – some of its many distinctive features.

It is close to international schools, colleges, shopping malls, a hypermarket, a golf resort, a water park, and easily accessible from the North-South Highway, Pasir Gudang Highway, Tebrau Highway, and the Kempas Corridor.

Sprawled across 7.9 acres of land, Aster 1 consists of 84 units of double-storey clusters with a built-up area of 2,601sq ft and 14 units of double-storey semi-detached houses with a built-up of 2,802sq ft. Each modern tropical designed home comes with 4+1 bedrooms and 4+1 bathrooms, perfect for its target market of matured families and the middle-aged group.

The luxurious and highly secured homes are fitted with a burglar alarm system, internal CCTV wiring and CCTV at the perimeter fencing while being safely ensconced in a gated and guarded community. No unsightly overhead electric cables can be seen and fibre optic telephone cables come installed within the houses.

Other unique selling points for the residents’ comfort include a wider staircase, a wider car porch with tiles, full-height wall tiles for all bathrooms, quality fl oor tiles, air-conditioning systems in the bedrooms and living room, kitchen cabinets that come complete with a hob and hood, and a rainwater harvesting tank.

“Seri Austin emphasises on the lifestyle concept of ‘We build, We care, We love’ as we believe in ‘Every Single Life is Precious’. We prioritise the community fi rst by providing an attractive lifestyle to our residents through building innovative homes with modern layouts and quality design architectures as well as beautiful parks and bicycle lanes for a healthy lifestyle,” said UMLand Seri Austin CEO, KK Wong.

“By adhering to this spirit, we are proud and honoured to be accorded the highest score by the judges and public in winning the Platinum award, not just in the southern region but overall regions for our project, Aster Luxury Cluster & Semi-D Homes in the category of National Best Development of the Year – Residential Landed,” he added.

The project has a GDV of RM100 million. Priced from RM1,126,307 to RM1,825,067, home owners will be greeted by a wide family area with good lighting, master bedrooms with luxury space for wardrobe and master bath, and bigger bathrooms with quality fittings from Johnson Suisse. Also, the homes’ covered car porch can easily accommodate two cars parked side by side.

Protecting and sustaining the environment is part of UMLand’s Corporate Social Responsibility in its continuous Green Living campaign. Seri Austin is the first township in Johor Baru to implement the EM programme, and is also the first to implement designated neighbourhood bicycle lanes. This is the developer’s pledge and commitment to their customers, the society and environment.

Both cluster and semi-detached homes go by four initiatives to achieve the Integrated Green Building design. First, the homes generate renewable energy through the solar hot water system. Second, the homes establish Indoor Air Quality (IAQ) performance to enhance indoor air quality thus contributing to the comfort and well-being of its occupants. The homes meet requirements of outdoor air ventilation rate at 5% of the openings. Third, to control indoor pollutants, Nippon Low VOC bond paint is used and fourth, the homes are water efficient through the harvesting tank.

Additionally, to control indoor pollutants, the homes only apply ultra low VOC and antiformaldehyde paint and coating which complies with the requirements as specifi ed in international labelling schemes recognised by the Green Building Index (GBI). Low VOC waterproofing products are used for water tanks, concrete roofs and other areas that may be exposed to water, while low VOC carpeting or flooring are used throughout the homes.

UMLand continues to not only provide homes, but a complete living for its residents to experience a fulfilling lifestyle concept. The need for state-of-the-art telecommunication infrastructure and high-speed internet services will be a pull factor for buyers, and Seri Austin is proud to be the first in Johor Baru to implement high-speed broadband UniFi access.

UniFi is offered as a triple-play service comprising high-speed internet, Internet Protocol Television (IPTV) service, HyppTV, and voice with speeds from 5Mbps up to 20Mbps via fibre technology. With this facility, home buyers will get immediate connectivity upon moving into their homes which they can enjoy free for a maximum of two years.

By providing not just a house but a Smart Home, residents can enjoy all the facilities at their fingertips. This is in line with the developer’s belief in building homes that enhance its residents’ quality of life while catering to current needs, complete with amenities that suit today’s lifestyle.

“I always believe we need passion, commitment and teamwork to build a recognised and sustainable township with good designs and quality for the buyers/residents to enjoy living in. We don’t only build houses, but create healthy communities and giving back to society through CSR activities,” Wong said.